Goodell defends settlement amount
National Football League Commissioner Roger Goodell testifies with others before the House Judiciary Committee about football brain injuries on Capitol Hill October 28, 2009 in Washington, D.C. (Chip Somodevilla/Getty Images)
"People start with making an assumption ... first off, that we make $10 billion," Goodell said Wednesday. "That's $10 billion in revenue. And there's a difference between making (money) and revenue.
"So this is a significant amount of money (and) the plaintiffs also believed it was an appropriate amount. The mediator felt it was an appropriate amount. It's a tremendous amount of money that we think is going to go to the right purpose, which is helping players and their families. So $765 million is a lot of money."
Goodell called the settlement the best outcome for both parties. The tentative agreement calls for compensation to retired players that were affected by brain-related injuries and to pay for medical exams as well as fund concussion-related research.
"We were able to find a common ground to be able to get the relief to the players and their families now rather than spending years litigating when those benefits wouldn't go to the players," Goodell said. "So we're very supportive of it and we think it's the right thing to move forward and to try to do what we can to help our players and their families."
Goodell disputed critics who argued that the amount was too low.
"I think it's best for the game going forward," Goodell said. "And I think it's best for the players and that's what's important."